CyrusOne (NASDAQ:CONE)‘s stock had its “buy” rating restated by equities research analysts at Jefferies Group in a research note issued to investors on Tuesday. They presently have a $67.00 price target on the real estate investment trust’s stock. Jefferies Group’s price target would indicate a potential upside of 30.58% from the company’s previous close.
Several other analysts have also recently commented on the stock. Guggenheim set a $65.00 price objective on shares of CyrusOne and gave the company a “buy” rating in a research note on Friday. Credit Suisse Group set a $73.00 price objective on shares of CyrusOne and gave the company a “buy” rating in a research note on Wednesday, February 21st. BidaskClub cut shares of CyrusOne from a “sell” rating to a “strong sell” rating in a research note on Saturday, February 17th. Barclays restated a “buy” rating and set a $69.00 price objective on shares of CyrusOne in a research note on Friday, January 19th. Finally, Zacks Investment Research cut shares of CyrusOne from a “hold” rating to a “sell” rating in a research note on Tuesday, January 9th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and thirteen have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $66.62.
Shares of CyrusOne (CONE) traded up $0.14 during midday trading on Tuesday, reaching $51.31. 1,801,900 shares of the company’s stock traded hands, compared to its average volume of 1,379,338. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.95 and a current ratio of 0.95. CyrusOne has a twelve month low of $43.49 and a twelve month high of $65.73. The firm has a market cap of $4,918.75, a PE ratio of -54.01, a price-to-earnings-growth ratio of 0.84 and a beta of 0.70.
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CyrusOne Inc is a real estate investment trust. The Company is an owner, operator and developer of enterprise-class, carrier-neutral, multi-tenant data center properties. The Company’s data centers are generally purpose-built facilities with redundant power and cooling. The CyrusOne National IX Platform (the National IX Platform) delivers interconnection across states and between metro-enabled sites within its footprint and beyond.
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